惠城环保(300779) - 2021 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2021 was CNY 83,961,262.38, a decrease of 3.57% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was CNY 5,001,084.66, down 59.06% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,413,698.25, a decline of 73.46% compared to the previous year[3] - Basic earnings per share for Q3 2021 was CNY 0.05, down 58.32% compared to the same period last year[3] - Total operating revenue for the current period is 218,851,046.77, a decrease from 252,312,774.02 in the previous period[27] - Net profit for the current period is 10,489,326.45, compared to 22,582,776.94 in the previous period, indicating a decline[30] - The total comprehensive income attributable to the parent company was 10,521,617.71 CNY, compared to 22,833,737.28 CNY in the previous period, reflecting a significant decrease[33] - The company reported a basic and diluted earnings per share of 0.10 CNY, down from 0.23 CNY in the previous period, indicating reduced profitability[33] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY -94,408,213.58, a decrease of 426.46% year-on-year[3] - The net cash flow from operating activities was -94,408,213.58 CNY, a decline from 28,918,367.34 CNY in the previous period, indicating operational challenges[37] - Cash inflows from operating activities totaled 130,807,814.09 CNY, down 44.5% from 235,721,356.72 CNY in the previous period[34] - Cash outflows from operating activities increased to 225,216,027.67 CNY, compared to 206,802,989.38 CNY in the previous period, highlighting rising operational costs[37] - The net cash flow from investing activities was -444,800,223.42 CNY, worsening from -156,723,415.94 CNY in the previous period, indicating increased investment expenditures[37] - Cash inflows from financing activities amounted to 560,109,179.80 CNY, a significant increase compared to 33,830,000.00 CNY in the previous period, reflecting successful fundraising efforts[37] - The company's cash and cash equivalents as of September 30, 2021, amount to ¥115,840,446.24, a decrease from ¥149,342,494.31 at the end of 2020[20] - The cash and cash equivalents at the end of the period were 98,782,289.19 CNY, down from 112,263,265.23 CNY in the previous period, showing a decrease in liquidity[37] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 1,489,420,274.38, an increase of 54.75% from the end of the previous year[10] - The total assets amount to 1,489,420,274.38, an increase from 962,485,059.01 in the previous period[26] - Total liabilities are 777,949,679.22, up from 296,524,690.72 in the previous period[26] - Non-current assets total 869,486,975.94, compared to 637,943,946.02 in the previous period[26] - The increase in total assets was mainly due to funds raised from the issuance of convertible bonds[10] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 711,470,595.16, up 6.83% from the end of the previous year[10] - The total number of common shareholders at the end of the reporting period is 13,026, with the largest shareholder, Zhang Xinguang, holding 17.06% of shares, totaling 17,060,250 shares[11] - The number of shares held by the top ten shareholders includes 12,024,450 shares held by Daobojiamei Co., Ltd., representing 12.02% of total shares[11] - The company has a total of 30,115,696 restricted shares, with no new restricted shares added during the reporting period[15] Research and Development - The company is actively engaged in research and development of new technologies to enhance its market position and product offerings[18] - Research and development expenses for the current period are 15,463,892.75, slightly down from 16,126,866.99 in the previous period[30] Operational Performance - The company experienced a significant decline in gross profit due to decreased revenue[6] - Total operating costs for the current period are 213,244,884.79, down from 230,430,047.29 in the previous period[27] - The company reported a decrease in sales expenses to 7,746,602.68 from 8,849,226.97 in the previous period[30] Non-Recurring Items - Non-recurring gains and losses totaled CNY 2,587,386.41 for Q3 2021, primarily from government subsidies and investment income[5] - The company received tax refunds of 3,892,970.76 CNY, compared to 975,503.87 CNY in the previous period, indicating improved tax recovery[34] Capital Structure - The company has received approval for the issuance of convertible bonds, which will enhance its capital structure and funding capabilities[16] - The company has maintained its capital reserve at 399,950,421.90, unchanged from the previous period[26] Leasing Standards - The company did not require adjustments to the balance sheet under the new leasing standards, as there were no significant operating leases[38]